YEARLY HIGH
0.0113 SGD
YEARLY LOW
0.0104 SGD
YEARLY AVERAGE
0.0109 SGD

2014 ISK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ISK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0113. Conversely, the yearly low was recorded on December 20, dropping to 0.0104.

This high-to-low spread represents a total annual volatility of 0.0009 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0110 to the December average rate of 0.0105, the exchange rate registered a net change of -4.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0113 was up 3.22% compared to the 2013 peak of 0.0110, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 57 SGD
2013 Average 51 SGD
Yearly Trough Low 52 SGD
Transaction Impact: A difference of 4.73 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0113
0.0104
JanuMarcMayJulySeptNove

ISK to SGD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0111, compared to 0.0106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0111
H2 Avg (Jul–Dec) 0.0106

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0003 SGD (High: 0.0111 / Low: 0.0108). On the other end, April was the most stable month, with a tight range of 0.0001 SGD (High: 0.0112 / Low: 0.0111).

July Spread (Volatile) ±0.0003
April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.0112) against the same month in 2013 (average: 0.0100), the exchange rate shifted by +0.0013 (+12.70%).

2014 Avg (March) 0.0112
2013 Avg (March) 0.0100

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0111 0.0108 0.0110
February 0.0112 0.0110 0.0111
March 0.0113 0.0111 0.0112
April 0.0112 0.0111 0.0112
May 0.0112 0.0110 0.0111
June 0.0111 0.0109 0.0110
July 0.0111 0.0108 0.0109
August 0.0109 0.0107 0.0108
September 0.0107 0.0105 0.0106
October 0.0106 0.0105 0.0106
November 0.0106 0.0104 0.0105
December 0.0106 0.0104 0.0105